Studio · 386 sqftAzizi Riviera 11, Meydan One · 4th floor · completed 2022

408, Azizi Riviera 11

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 12 July 2026
Last soldAED 491K16 August 2022
Current rentAED 50K /yr12 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Azizi Riviera 11

What is 408 worth today?

Last sold for AED 490,560 in 2022

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12 Jul 2026RentedNew contract
AED 50,265/yr12 months · AED 130 per sqft
10 Sep 2025RentedRenewal
AED 45,000/yr12 months · AED 116 per sqft
10 Sep 2024RentedNew contract
AED 42,000/yr12 months · AED 108 per sqft
16 Aug 2022Sold by developerOff-plan
AED 490,560AED 1,272 per sqft

Source: Dubai Land Department. Updated 12 July 2026.

Key facts

Type
Studio apartment
Size
386 sqft
Floor
4th of 9
Parking
B2-05
Developer
Azizi Developments
Completed
2022
Last sold
AED 491K · August 2022

About 408, Azizi Riviera 11

408 is a studio of 386 sqft on the 4th floor of Azizi Riviera 11, a 9-storey tower in Meydan One completed in 2022 by Azizi Developments. The developer sold it on 16 August 2022 for AED 490,560, or AED 1,272 per sqft, 13% below the AED 1,468 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 12 July 2026, is AED 50,265 a year: a gross yield of 10.3% on the 2022 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Azizi Riviera 11
500K600K700K2018202120242027Typical sale price by year: 2018 AED 495,133; 2019 AED 522,150; 2021 AED 511,464; 2022 AED 495,964; 2023 AED 575,000; 2024 AED 578,000; 2025 AED 595,000; 2026 AED 707,500Sold by developer, August 2022: AED 490,560 (AED 1,272 per sqft)

408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Azizi Riviera 11
40K45K50K202320252027Typical rent by year: 2023 AED 40,000; 2024 AED 43,000; 2025 AED 48,000; 2026 AED 45,439New contract, September 2024: AED 42,000 a yearRenewal, September 2025: AED 45,000 a yearNew contract, July 2026: AED 50,265 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Azizi Riviera 11, and where 408 sits

All 66 studios →

408 last sold in August 2022 at AED 1,272 per sqft, 13% below what studios in Azizi Riviera 11 were fetching at the time (AED 1,468). Over the last 12 months studios sold for AED 620,000 to 817,020, around AED 2,052 per sqft, and rent for AED 38,000 to 70,000 a year. 408's AED 50,265 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Jul 2026817,020
2 Jul 2026620,000
20 Feb 2026725,000
7 Jan 2026690,000
4 studio sales in the last 12 months

Azizi Riviera 11

Building

129 apartments, studios to 3-bed over 9 floors in Meydan One, completed in 2022 by Azizi Developments. 7 sold in the last 12 months.

Typical price per sqft
AED 1,972
Typical sale
AED 817K
Typical rent
AED 60K /yr
Typical yield
6.7%
Azizi Riviera 11, Meydan One: prices, sales and rents →

Other units on the 4th floor

All 129 units in Azizi Riviera 11
Value
4011-bedAED 855K · Sep 2023
402StudioAED 535K · Jan 2024
403StudioAED 817K · Jul 2026
4041-bedAED 723K · Feb 2018
4051-bedAED 870K · Oct 2023
4061-bedAED 822K · May 2019
407StudioAED 494K · May 2019
1–7 of 14

408, Azizi Riviera 11 in numbers

  • Sold once: by Azizi Developments on 16 August 2022 for AED 490,560, or AED 1,272 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, from AED 42,000 to AED 50,265 a year.
  • At AED 50,265 a year the gross yield on the 2022 price is 10.3%.
  • Studios in Azizi Riviera 11 sold for AED 620,000–817,020 in the 12 months to November 2026; the building's median across all types is AED 1,972 per sqft.

Source: Dubai Land Department. Updated 12 July 2026.

Questions about 408, Azizi Riviera 11

What did unit 408 last sell for?

AED 490,560 on 16 August 2022, sold by the developer: AED 1,272 per sqft for 386 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 50,265 a year on the contract signed on 12 July 2026. The previous contract, from September 2025, was AED 45,000; the unit has been rented since September 2024.

How big is unit 408?

386 sqft (35.9 sqm): a studio on the 4th floor of a 9-storey tower completed in 2022.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Azizi Riviera 11 sold for AED 620,000 to 817,020 in the last 12 months, around AED 2,052 per sqft.

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Mortgage on 408, Azizi Riviera 11

Starts from the last sale price (AED 491K, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 490,560
Deposit, UAE resident (20%)
AED 98,112
Deposit, non-resident (40%)
AED 196,224
Monthly over 25 years at 3.7%
AED 2,007

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →